In a SEC filing ahead of Berkshire Hathaway's annual meeting in early May, the company lists an annual salary of $100,000 for its Chairman and CEO. That's unchanged from last year, and according to the filing, "Mr. Buffett’s annual compensation has been $100,000 for over the last 25 years and he has advised the Committee that he would not expect or desire it to increase in the future." (Berkshire's Chief Financial Officer Marc Hamburg gets a much bigger salary than his boss at $712,500 in 2007, up a bit from $662,500 the year before.)

By my (admittedly simplistic) calculation, expressing salary in millions of dollars as is the custom for most big-time chief executives, that makes his 2007 performance/pay ratio:

(28.7-3.5)/0.1 = 252

That's up from 105 in 2006, and far exceeds a 'shocking' -22 in 2005, the most recent year in which Berkshire didn't beat the S&P.

As the AP notes in its story about the Berkshire filing, it's easier to figure out exactly how much Buffett is paid compared to most of his fellow CEOs because, in contrast to the normal C-suite custom, he doesn't get any bonuses, stock options, executive perks, deferred compensation, or other fancy compensation complicaters.

Of course, it's clear that the world's richest personisn't living off that $100k salary alone, (or probably at all), and it isn't what brings him into the office each morning.

Instead, he's working to increase the long-term value of Berkshire stock, making both his shareholders, and himself, very wealthy over the years.